Carnarvon Energy Limited (OTCMKTS:CVONF) Short Interest Up 88.4% in September

Carnarvon Energy Limited (OTCMKTS:CVONF) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 8,100 shares, a growth of 88.4% from the September 15th total of 4,300 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 11.6 days.

Carnarvon Energy Stock Performance

CVONF opened at C$0.10 on Friday. The stock has a 50-day moving average of C$0.11 and a 200-day moving average of C$0.12. Carnarvon Energy has a 52-week low of C$0.09 and a 52-week high of C$0.16.

About Carnarvon Energy

Carnarvon Energy Limited engages in the exploration, development, and production of oil and gas properties in Australia. It is also involved in the renewable fuels business. The company owns various interests in the Dorado, Pavo, Roc, Phoenix, and Phoenix South project located in the Bedout Sub-basin permits of Western Australia.